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What is "Ask the Experts"?
"Ask the Experts" is a Group at RealTown.com. The purpose of th...
1,305 views
<p>
<strong>What is "Ask the Experts"?</strong><br />
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"Ask the Experts" is a Group at RealTown.com. The purpose of this group is for people to discuss answers to Real Estate related questions. The questions can be posted by anyone -- RealTown member or not. They are usually questions posed by Real Estate Professionals or Consumers. This is a good opportunity to showcase your expertise.<br />
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<strong>Where do the questions come from?</strong><br />
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Questions are usually questions asked by Real Estate Professionals or Consumers via the "Ask The Experts" link on RealTown.com. If you wish to "Ask the Experts" a question, submit it here.<br />
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<strong>Who are the "Experts"?</strong><br />
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RealTown experts are experienced real estate professionals. These real estate experts are successful real estate agents, real estate brokers, real estate attorneys, and real estate authors. Any RealTown member can post a response to the "Ask the Experts" group, and as you post more valid responses, the more chances you have to become an expert. Expert responses are posted right away, as Member responses are moderated before they are released and posted. Experts also have an Expert badge next to their name.<br />
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<strong>How do I become an Expert?</strong><br />
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The more good answers you submit, the more chance you have of becoming an expert. Experts are chosen by RealTown admins on a case by case basis. Once you are an expert, you will have an Expert badge next to your name when you post to the "Ask the Experts" group, and your posts will not require moderation before displaying online.<br />
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<strong>How does "Ask The Experts" work?</strong><br />
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When a question is submitted, an email goes out across the RealTown real estate network to the first-rate real estate professionals who make up the RealTown experts. If one of our experts is able to answer your question, you will receive a reply by email.
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6/6/08 3:00 PM
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7/2/09 10:02 AM
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I have a new listing with a signed Listing Agreement with a party relocating to another town. I...
109 views
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<div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: 9pt">I have a new listing with a signed Listing Agreement with a party relocating to another town. I am working as a Transaction Broker as it's a flat fee listing. About 10 days into the listing I received an email to lower the price. The next afternoon I received a call from a Realtor that stated she was my clients Realtor and that I needed to remove my listing in MLS ASAP. They were going to use the home for an HGTV show called "My First Sale" and she needed to input her listing right away. I told her that this was the first that I'd heard of it. Since I'd been out of the office with a client I had not seen the email from the Seller that stated to remove the listing from MLS as they had hired a Realtor. I had verbally told them that I would terminate the listing with written communication but did not include it in the contract. This is not an issue but rather for informational purposes. Since I had appointments all afternoon It wasn't until 5:30 p.m. before I had time to prepare the paperwork to terminate the Listing Agreement. It was sent via DocuSign at 5:55:28 p.m. to the Seller for the digital signature. The next day I tried to check the web based email server that I use for DocuSogn every hour for the doc as it needed to be forwarded onto the husband for his signature. That morning I received an email from the "new Realtor" she wrote </span></div>
<div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: 10pt">“Just wanted to remind you that I am really anxious to get the Wallums’ home listed on the MLS, and I can’t do that until you remove your active listing.</span></div>
<div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: 10pt">We are feeling a big time crunch here.</span></div>
<div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: 10pt">I sure would appreciate it!”</span></div>
<div style="line-height: normal; margin: 0in 0in 0pt"> </div>
<div style="margin: 0in 0in 10pt"><span style="line-height: 115%; font-size: 9pt">I responded that I had yet to receive the termination addendum signed. I also inform her that she is out of line and needs to wait until we’re finished prior to proceeding with her listing. She then ends another email which she says “</span><span style="line-height: 115%; font-size: 9pt">So sorry, did not mean to step on any toes. I was under the impression from speaking with the Wallums that no paperwork had been signed by them, which I thought was strange at the time. I should have been more clear with them.Thanks for clearing up the situation. Obviously I wish to comply with all appropriate contractual agreements.”</span></div>
<div style="line-height: normal; margin: 0in 0in 0pt"><span style="font-size: 9pt">Now I'm starting to get annoyed. Once again I quickly check the email to see if I've received the signed doc but it's not there. Since I've got multiple clients that are requiring a lot my time at this point I move onto something else. Then that afternoon I receive a call from the "Realtor she inquired why I hadn't taken the listing off of MLS as yet. I told her that I hadn't received the signed paperwork as yet but once I receive it the listing will be removed At this point I'm pretty mad. I left a message for the Seller but didn’t hear anything back from her. Now I’m tired of being harassed and bullied by the other Realtor. The next day there was only communication from the Realtor via the phone and email. I had actually decided that the Seller was obviously not a part of this as she had not signed and sent the docs. Then the Realtor informed me that she had call MLS and asked them to remove my listing as I was no longer the listor. She informed that she was and I was refusing to remove it from MLS. She also told me that she has a signed Listing Agreement with the Seller. I informed her that I also have a signed Listing Agreement with the Seller. She repeated that they said they didn’t have any paperwork with me at all. I also informed her that her actions were unethical and illegal that the Sellers couldn't be party to Listing Agreements at one time. Now </span><span style="font-size: 9pt">I'm absolutely fuming. That afternoon the Seller sends an email and wanted to know why we haven't removed the listing from MLS. When I stated that she hadn't signed the docs she stated that I didn't send it. </span></div>
<div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: 9pt">Anyway after angry emails and voicemails on all sides of this issue I finally sent an email explaining repetitively that all of the documents were sent digitally and were documented with time/date stamps. Each and every one of them could be tracked including the termination doc that I had sent. Interesting that later in the day magically she found it signed it and sent it back with a note requesting that I forward it on to her husband. I was showing homes to a client at that time and didn’t receive it until after I arrived home. When I finished showing homes I drove past the property and saw that the Realtor had placed her sign in front of the home. I took multiple pictures of it and came home. My office phone and email was full of nasty messages. Basically threatening me and then finally telling me that the listing was terminated and that they were proceeding without the docs. Of course finally the end was that the doc appeared and the Seller sent it. In the email that the Realtor sent she stated “They felt they had <b>no</b> type of contract with you <i>what so ever</i>, and that was what they expressed to me in our first contact. It was only much later that they understood that they had in fact signed via computer an agreement to list but not represent.” The Sellers are a branch manager of Wells Fargo Bank and an insurance agent with State Farm. It seems prudent to believe that they understood what they were signing. Now, of course, they are saying that they are going to follow up on me as I had stated that I was going to report this to the board of Realtors and the Colorado Real Estate Commission. At this time I have prepared the doc to be sent to the husband. Although they could have signed the one they have and faxed it back as I have already signed it. Then I plan to contact the Real Estate Commission tomorrow, the board of Realtors and also High Noon Entertainment ( HGTV) to report all of this behavior and the dual Listing AgreementsI understand that this couple wanted their home to be on HGTV. Even though we prefer to work towards achieving a full service listing with our flat fee listing clients we sent the termination papers in a timely manner to proceed with the termination. It was the Realtor that turned this into high drama. It also appears that apparently my clients didn’t want to sign the termination docs for me to have it on file. The only thing that I can think of is that the date would prove that they signed a new Listing Agreement prior to terminating the one with me. I’m assuming that a Listing Agreement is a prerequisite with HGTV. </span></div>
<div style="line-height: normal; margin: 0in 0in 10pt"><span style="font-size: 9pt">. I'd like to know what you think and should I go ahead and send the husband the doc to sign digitally or wait. I’ve never had an experience such as this one with another Realtor. I have no idea what to do but feel that it should absolutely be followed up. Obviously she has no idea how to practice real estate and what she’s doing or for that matter what a Transaction Broker is and the legalities along with it. She seems to think our contract is not good.</span></div>
<div style="margin: 0in 0in 0pt"><b><span style="line-height: 115%; color: #76923c; font-size: 10pt">Michael Carroll Broker/Owner</span></b></div>
<div style="margin: 0in 0in 0pt"><span style="line-height: 115%; color: #76923c; font-size: 10pt">Direct Line: 720.271.3873</span></div>
<div style="margin: 0in 0in 0pt"><span style="line-height: 115%; color: #76923c; font-size: 10pt">Mail to: </span><a title="mailto:Mike@DenverRealtyExpress.com" target="_blank" href="mailto:Mike@DenverRealtyExpress.com"><span style="line-height: 115%; color: #76923c; font-size: 10pt">Mike@DenverRealtyExpress.com</span></a> </div>
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11/8/09 1:06 PM
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11/9/09 2:31 PM
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Hi, does anybody know how long it takes for chase(Sacramento, CA) to approve a short sale. Our off...
84 views
<p> Hi, does anybody know how long it takes for chase(Sacramento, CA) to approve a short sale. Our offer was accepted by the seller but nothing from the Bank yet, It been two months now and no word, how long should we expect approval from the Bank and what takes the Bank so long?</p>
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11/7/09 7:47 PM
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11/9/09 2:04 PM
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I am new to RE business and would like to ask all of you if you can advice me where I can get a be...
7 views
<p> I am new to RE business and would like to ask all of you if you can advice me where I can get a better domain name deal?</p>
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<p>Thank you for your time!</p>
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11/9/09 11:25 AM
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There is the new template based Agent website, ListingBook, accessible via link within our MLS Matri...
49 views
<p><span style="font-family: Arial"><font size="3"><o:p>
<p><span style="font-family: Arial">There is the new template based Agent website, ListingBook, accessible via link within our MLS Matrix system. The template targets Residential properties and do not offer search capability for multi-family, industrial, or commercial properties. What's your evaluation of the pros and cons of ListingBook? <o:p></o:p></span></p>
<p><span style="font-family: Arial">I currently own and manage a full function custom website with search capabilities for all property types, lead generation, drip campaign, user customizable profile, auto email notifications to subscribers, contact management tools, etc. Should I also buy a ListingBook website? (If I do, I do not know how to integrate this with my own website so I don't have to maintain 2 different sites and contact management systems). Your feed back and suggestions is greatly appreciated!<o:p></o:p></span></p>
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11/5/09 9:52 PM
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11/9/09 7:18 AM
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Can a first time buyer receive the tax credit if they have a co-signer who owns their own home? vy/l...
19 views
<p>
Can a first time buyer receive the tax credit if they have a co-signer who owns their own home? vy/lmk
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11/8/09 4:40 PM
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11/8/09 6:49 PM
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How do you change your email address?
12 views
<p>How do you change your email address?</p>
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11/7/09 11:33 AM
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Good morning. Does anyone know of a program similar to Top Producer that is Mac compatible ?
Thank...
25 views
<p>Good morning. Does anyone know of a program similar to Top Producer that is Mac compatible ? </p>
<p>Thank you,</p>
<p>Betty</p>
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11/7/09 4:31 AM
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11/7/09 7:03 AM
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I would like a clear answer to whether or not Buyers of Owner-Occupied Two (or more) Family Homes Qu...
70 views
<p>
I would like a clear answer to whether or not Buyers of Owner-Occupied Two (or more) Family Homes Qualify for these credits. Realtor.com and a NJAR published flyer say 'no' by excluding them from this group. However, my Mortgage Broker and my local board seem to think otherwise (in the latter case I questioned another Agent's Listing that stated that the buyers for a two family home had to "rush to make sure they got their credit". I pointed it out as misinformation). Please clear the air publicly if possible, regarding this point!
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Here's the Info cut & pasted from Realtor.com FYI:
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<h3>
<span style="color: #336699">Which Properties Are Eligible?</span>
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The 2009 First-Time Home Buyer Tax Credit may be applied to primary residences, including: single-family homes, condos, townhomes, and co-ops.
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11/5/09 3:09 PM
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11/6/09 2:35 PM
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i get a lot of clients telling me they are too busy to meet how should i handle this objection?
218 views
<p>i get a lot of clients telling me they are too busy to meet how should i handle this objection?</p>
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10/29/09 8:13 PM
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11/6/09 11:38 AM
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what is the best service to use for fax to email
53 views
<p>what is the best service to use for fax to email</p>
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11/5/09 5:17 PM
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11/6/09 10:42 AM
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I am a recent EPro graduate and have done some things to help my career. (new website,etc) -------I...
141 views
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I am a recent EPro graduate and have done some things to help my career. (new website,etc) -------I want to start using postcards and order the postcards through a company such as EXPRESS DOCS , Could someone give me some advice about which company would be best and why? Thanks! Jerry Stutzman -Ulysses, Ks
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11/3/09 5:26 AM
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11/6/09 6:44 AM
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New a good agent for a referral in the Stony Pointe New York Area.
23 views
<p>
New a good agent for a referral in the Stony Pointe New York Area.
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11/6/09 4:53 AM
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I have attended a webinar for REO Agent University where they charge $499 to sign up for the first 6...
24 views
<p><span style="font-family: Arial"><font size="3">I have attended a webinar for <st1:place w:st="on"><st1:placename w:st="on">REO</st1:placename> <st1:placename w:st="on">Agent</st1:placename> <st1:placetype w:st="on">University</st1:placetype></st1:place> where they charge $499 to sign up for the first 60 days, then $299 per month after. Another event I am planning to attend next week is an REO/Foreclosure how to’s by Bob McManus of You Dream Big. Should I go for any of these?<o:p></o:p></font></span></p>
<p><span style="font-family: Arial"><font size="3">There is also a website, REO Trans, which promotes agents to buy areas by zip codes and also buy certification as much as $499 per year to earn top ranks and placement in the search result for lenders looking to find an REO agent. Please give your pros and cons evaluation, and suggest what to do if I wanted to pursue the REO sector. Thank you.<o:p></o:p></font></span></p>
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11/5/09 9:40 PM
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I use a variety of online lead generation programs with landing pages. Craiglist is one of the plac...
58 views
<p>
I use a variety of online lead generation programs with landing pages. Craiglist is one of the places I place my ad and it does good at generating leads. I am in the Sacramento area and the real estate market is large and craiglist has a real estate section for Sacramento.
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I have been creating my amateur pages and they seem to work fine. The lead is then stored in my CMS automatically and my list of buyers have grown to hundreds just from craiglist.
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I received a call from a very nice salesperson that was offering these landing pages that agents can use and I will tell you they are very professional. I did decide to stick with my own, because they are working and I am able to create and host my own pages.
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I see a lot of posts here for leads and I will recommend you give this salesperson a call and look at their program. They even are offering a free 14 day trial.
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This is not an endorsement and I am not getting an affiliation, although my success with this strategy has worked well and I read many posts for leads systems that work, and so I told her I would pass the information along.
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Her name is Esther and you can call her at this number 386-752-6534<br />
Here is one of their sites <a href="http://gethomelist.com/" target="_blank">Gethomelist.com</a><br />
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11/4/09 5:27 AM
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11/5/09 12:44 PM
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